Real Estate

95000 knockout bid bags mill park tower house

Written by The ReReport

A besotted buyer bagged a standout Mill Park fairytale tower house with a $95,000 knockout bid at the weekend.
The six-bedroom house at 69 Telopea Cres sold to the Mill Park family under the hammer for $1.1 million — a whopping $120,000 above the reserve price — on November 10.
Ray White Mill Park’s Luke Doerre said the auction attracted a crowd of 100 people, including four bidders from Mill Park, Fawkner, Heidelberg and Meadow Heights.

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The auction was action-packed from start to finish and lasted 20 minutes.
It began with an opening bid of $880,000 and quickly progressed up to $1.05 million.
“At this point, the buyer made the knockout $95,000 bid,” Mr Doerre said.
“We’ve never seen a bid like this in Mill Park … it’s absolutely unheard of.”

The tower’s viewing platform with city and mountain vistas.

The buyer was determined to win the keys to the house in the coveted Blossom Park estate that featured a unique design soaring over four levels.
“He came to the open a week before the auction and fell in love with the house because of its character and quality craftsmanship,” Mr Doerre said.

Luxurious hardwood cabinets adorn the big kitchen.

Built by the sellers more than 20 years ago, it was the first time on the market for the clinker brick house which displays a striking tower that captures panoramic views of the city skyline and mountain ranges.
It has double-glazed windows, hardwood floors, 3m-high ceilings, hydronic heating in every room and a hardwood spiral staircase that connects the four floors.

Vast living and dining areas.

With a designer kitchen and a hotel-style main bedroom, it also includes a triple garage with a gymnasium and workshop, plus an enclosed outdoor entertainment area with a barbecue under a conical ceiling.
Mr Doerre said the owners, who were downsizing, were ecstatic with the result.
“It was also an emotional sale for them because they built the house and lived there for more than 20 years,” he said.
“It had plenty of sentimental value for the family.”

The stunning outdoor entertainment zone.

The property is the ninth in Mill Park to sell for more than $1 million this year.
The highest price paid for a house in the suburb this year was $1,312,500 for a four-bedroom house at 63 Ancona Drive that sold in March.


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